UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-----------
FORM 8-K
Current report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) November 17, 2003
-----------------
MARLTON TECHNOLOGIES, INC.
--------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Pennsylvania I-7708 22-1825970
----------------------------------------------------------------------------------------------------------
(State or Other Jurisdiction) (Commission File Number) (IRS Employer Identification No.)
2828 Charter Road, Philadelphia 19154
----------------------------------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 215-676-6900
------------
----------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
Item 4. Changes in Registrant's Certifying Accountant
On November 17, 2003, the Company dismissed PricewaterhouseCoopers LLP ("PwC")
as its independent public accountants and appointed McGladrey and Pullen, LLP
("McGladrey") as its new independent public accountant subject to the completion
of their normal due diligence procedures. The decision to dismiss PwC and to
retain McGladrey was approved by the Company's Audit Committee and Board of
Directors on November 17, 2003.
The reports of PwC on the Company's financial statements for each of the years
ended December 31, 2002 and 2001 did not contain an adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles.
During the company's two most recent fiscal years and through November 17, 2003
there were no disagreements with PwC on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to PwC's satisfaction, would have caused PwC to
make reference to the subject matter of the disagreement in connection with its
reports.
During the Company's two most recent fiscal years and through November 17, 2003,
there have been no reportable events (as defined in Regulation S-K Item 304 (a)
(1) (v)).
The Company has provided PwC with a copy of this Item 4 disclosures and has
requested that PwC review such disclosures and provide a letter addressed to the
Securities and Exchange Commission as specified by Item 304(a) (3) of Regulation
S-K. Such letter is filed as Exhibit 16.1 to this Current Report.
During the fiscal years ended December 31, 2002 and 2001, and the subsequent
interim period up to November 17, 2003, the Company did not consult with
McGladrey regarding (i) the application of accounting principles to a specified
transaction, either completed or proposed, (ii) the type of audit opinion that
might be rendered on the Company's financial statements, or (iii) any other
matters or reportable events set forth in Items 304 (a) (1) (iv) and (a) (1) (v)
of Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits:
16.1 Letter from PricewaterhouseCoopers LLP to the Securities and Exchange
Commission, dated November 21, 2003 regarding change in certifying
accountant.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MARLTON TECHNOLOGIES INC.
By: /s/ Robert B. Ginsburg
----------------------------------------------
Name: Robert B. Ginsburg
Title: President and Chief Executive Officer
Date: November 24, 2003
EXHIBIT INDEX
Exhibit No. Description of Exhibit
----------- ----------------------
16.1 Letter from PricewaterhouseCoopers LLP to the Securities and
Exchange Commission, dated November 21, 2003 regarding change
in certifying accountant.